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$20 Minimum Wage will leave many unemployed and business closures!
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(06-25-2024, 12:38 PM)HarleyDog Wrote: Not that easy. If mass raises causes inflation which surpass your raise, what have you gained? Only the government gained. Take McDonalds for instance. Let's say your wages went from $12hr to $15hr, but the costs raise anywhere from 35% to, in some cases 100%, and this same inflation effects other businesses and prices are much higher, the government is the only one who benefits in more ways than one. Not only do you pay more in taxes, but also qualify for less assistance if you require it. 

Then index the wages on the inflation. Problem solved.

And again I say unto you, It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

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RE: $20 Minimum Wage will leave many unemployed and business closures! - Arturo Bandini - 06-25-2024, 02:46 PM

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